Current Affairs Quiz-September, 2020

Notes:
Reliance Industries Limited (RIL) has become the first Indian company to surpass USD 200 billion in market capitalisation. The RIL had market capitalisation of Rs.15.3 trillion (USD 208 billion).
RIL is followed by Tata Consultancy Services (TCS) with market capitalization of Rs 8.75 trillion (USD 119 billion). RIL is the 40th most valuable firm globally.

Notes:
The Government of India has set up an Empowered Group of Ministers headed by the Defence Minister Rajnath Singh, to oversee and guide the entire process of corporatization of Ordnance Factory Board.
The Union Government recently announced that Ordnance Factory Board (OFB) – a subordinate office of Defence Ministry would be converted into one or more 100 % Government owned corporate entities.

Notes:
Union Labour and employment minister Santosh Gangwar represented India in the virtual Meeting of Labour and Employment Ministers of G-20 nations.
The G20 meet focussed on the G20 Youth Roadmap 2025 and discussed measures to curb the impact of Covid-19 on the Labour market. The meet also identified indicators relating to youth for the first time.

Notes:
Veteran Social activist and former Haryana MLA Swami Agnivesh has recently passed away in Delhi, after he was suffering from liver cirrhosis.
Swami Agnivesh was considered as a revolutionary leader of Arya Samaj and had led a campaign against bonded labour and female foeticide. He was also an advocate for the dialogue between religions.

Notes:
Prime Minister Narendra Modi has recently inaugurated 1.75 lakh houses built under Pradhan Mantri Awaas Yojana – Gramin in over 12000 villages in Madhya Pradesh.
The Prime Minister also released the ‘Griha Pravesham’ plaque to mark the occasion. The 1.75 lakh houses are a part of the total of 18 lakh houses constructed across the country under the scheme. The work has also been completed in 35 to 40 days, instead of the usual time of 125 days.

Notes:
The United Kingdom (UK) has entered into an Economic Partnership Agreement with Japan.
This partnership is seen as a historic move, since this is the first trade agreement signed by the UK post Brexit. The agreement is said to foster trade between the two countries by about 15 billion Euros.

Notes:
The Baghjan Oil Well of Oil India Limited (OIL) is located in Eastern Assam’s Tinsukia district has been put off.
A massive fire occurred in the Oil well due to equipment failure and it turned out into a blowout, which means uncontrolled escape of gas at great speed. Oil India Limited (OIL) and foreign experts managed to tame the fire after 110 days.

Notes:
India has voted in favour of a COVID-19 resolution in the U.N. General Assembly (UNGA), along with 168 nations.
The resolution reaffirms international cooperation to respond to COVID. It also acknowledges the WHO’s leadership role during the pandemic. The U.S. and Israel voted against the resolution while Ukraine and Hungary abstained.

Notes:
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Sameer Kumar Khare as new Executive Director of Asian Development Bank (ADB).
The veteran bureaucrat has been appointed to the post for a tenure of three years. Sameer Kumar is a 1989-batch Indian Administrative Service (IAS) officer. He is currently serving as Additional Secretary in the Department of Economic Affairs under Ministry of Finance.

Notes:
Oracle has been chosen by TikTok to be its trusted technology provider in USA. In the acquisition battle between Microsoft and Oracle, Oracle has taken a lead.
President Donald Trump claimed that the USA’s Tik Tok user data are siphoned to Chinese authorities. The US administration ordered ByteDance, the parent company of Tik Tok to sell its U.S. business.